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Nov 28, 2012
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maybe the market has to fall a lot to get washington to do the right thing. maybe they have to take over. >> it could be larry that we need this bungee cord and it is so painful that they get together a deal. it is that type of thing, we saw it happen in august of 2011. and the market fell, i think 13% in a few days and washington got it's head together on that. i think it was last year, it wasn't until the 23rd of december and i think it was the 17th of the year before. >> i agree. bad bad bad in the short run. may be badder in the long run. jeff thank you. that is it for this evening's show. thank you for watching. we'll keep working on it. we'll be back tomorrow night. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they
maybe the market has to fall a lot to get washington to do the right thing. maybe they have to take over. >> it could be larry that we need this bungee cord and it is so painful that they get together a deal. it is that type of thing, we saw it happen in august of 2011. and the market fell, i think 13% in a few days and washington got it's head together on that. i think it was last year, it wasn't until the 23rd of december and i think it was the 17th of the year before. >> i agree....
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Nov 7, 2012
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and yes is the projected winner in washington state where they, too, have voted to legalize state. we are still waiting to hear from oregon. it looked negative going into the polls. >> and then also saying no, in arkansas. arkansas saying no when it comes to medical marijn. taxation issues in california, two big tax issues. >> in many, many years. she was behind this. proposition 38. if if you only made $7,000 a year, she wanted your taxes to go up for 12 years to pay for educatio education. we are still waiting to get a more definitive answer there. guys back to you. >> and more on the tax issues in california. >> maria, this has been a huge issue here, because governor brown has said that if his tax hike didn't pass it would mean $6 billion in cuts to education that will happen almost immediately. we will have to see if he makes good on the threats. he says he has nowhere else to cut. if it does pass, it will make california's highest tax rate the highest in the land. millionaires will have to pay 13.3% state income taxes. it would raise the sales tax and raise anywhere from $35
and yes is the projected winner in washington state where they, too, have voted to legalize state. we are still waiting to hear from oregon. it looked negative going into the polls. >> and then also saying no, in arkansas. arkansas saying no when it comes to medical marijn. taxation issues in california, two big tax issues. >> in many, many years. she was behind this. proposition 38. if if you only made $7,000 a year, she wanted your taxes to go up for 12 years to pay for educatio...
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Nov 7, 2012
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like wise, washington is very focused on that, too. so i think that the trend here, the expectation is that we'll postpone most of the major decisions until some sort of structured tax reform process next year. we'll make whatever down papal we need to make on the budget sequester in order to postpone that decision, too. the real question is really what you do with tax rates, particularly the upper income individual tax rates. so there's actually a relatively narrow spectrum of things that need to be agreed upon by the end of the year. so, you know -- >> does this spell death for divide dividend stocks then? >> i think that dividend stocks are in roughly good shape. the senate over the summer passed a marker bill on tax reform, which had a 20% dividend -- tax rate on dividends. what i think that does is give investors some confidence that it's not going to triple. we're probably looking at a tax rate on the order of 20% plus the 3.8% for health care on top of that. that's a much more moderate outcome than a 44% tax rate. >> all right,
like wise, washington is very focused on that, too. so i think that the trend here, the expectation is that we'll postpone most of the major decisions until some sort of structured tax reform process next year. we'll make whatever down papal we need to make on the budget sequester in order to postpone that decision, too. the real question is really what you do with tax rates, particularly the upper income individual tax rates. so there's actually a relatively narrow spectrum of things that need...
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Nov 9, 2012
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seeing a shift in tone in washington since the election. much more conciliatory tone on all sides here. i expect you'll see that on display tomorrow. the question is whether the fundamental stumbling blocks of democrats not wanting entitlement spending cuts and republicans not wants new tax revenues, whether those stumbling blocks can be finessed between now and the end of the year. >> many, many thanks. eamon javers, appreciate it. let's get first reaction from congress on the breaking news. welcome back to the show house gop chief deputy whip peter roskam from the great state of illinois. peter, great to see you as always. a lot of movement now. i want to ask you, do you think it's possible here, post-election, as the stock market literally hammers washington with the selloff? will democrats and republicans rise above partisan politics and get us something that can work? >> i think that there's a tremendous opportunity, larry, and here's why. speaker boehner, yesterday, gave a statement, a 10 or 12-minute statement and offed his sincere c
seeing a shift in tone in washington since the election. much more conciliatory tone on all sides here. i expect you'll see that on display tomorrow. the question is whether the fundamental stumbling blocks of democrats not wanting entitlement spending cuts and republicans not wants new tax revenues, whether those stumbling blocks can be finessed between now and the end of the year. >> many, many thanks. eamon javers, appreciate it. let's get first reaction from congress on the breaking...
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Nov 5, 2012
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our chief washington correspondent and birthday boy, john harwood is following the candidates' last-minute moves. happy birthday. >> thank you, guys. it is the only poll that matters tomorrow but we have a lot of other polls, which don't matter, which are giving us signals of where the candidates are and why they're going to those states. crisscrossing the battlegrounds, ohio, wisconsin, colorado, the candidates are all there. if you look at our nbc/wall street poll, 47-48 obama. look at the battle of the swing states, of the nine swing states, only in two does mitt romney have a lead in the real clear politics average of polls. that's north carolina and florida. all the others, iowa, colorado, new hampshire, ohio, the rest of that set of battle ground states are all leading for obama. now, many of them are close, but if mitt romney only carries florida and north carolina among those battleground states, he's only 235 electoral votes. what he has to do is put together in this final sprint victories in states like virginia, like in ohio, like wisconsin, like colorado. that's the way he coul
our chief washington correspondent and birthday boy, john harwood is following the candidates' last-minute moves. happy birthday. >> thank you, guys. it is the only poll that matters tomorrow but we have a lot of other polls, which don't matter, which are giving us signals of where the candidates are and why they're going to those states. crisscrossing the battlegrounds, ohio, wisconsin, colorado, the candidates are all there. if you look at our nbc/wall street poll, 47-48 obama. look at...
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Nov 6, 2012
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i think if you do that and do that gradually, which is kind of what's happened in the past in washington, i think you avert the catastrophe that many people are talking about. look, i think the rally today also is another thing. you're going to have certainty tomorrow. you may not like who wins. but you're going to know what the outcome is, and you're going to know how to plan for your business. businesses have argued they don't like president obama, but they'll know tomorrow whether he's going to be the president or not. they'll know how to plan. >> one of the bottlenecks for the economy has been the lack of capital spending, capital expenditures by corporations. they're sitting on a lot of cash. does it matter who wins for them? will they start spending no matter who takes the white house or the house and the senate? >> well, i think the answer is what i just said before. you're going to have more certainty tomorrow. you may not like the policies put in place, but you will know what's going on. i think that is a major improvement over where we are yesterday as to where we'll be tomorro
i think if you do that and do that gradually, which is kind of what's happened in the past in washington, i think you avert the catastrophe that many people are talking about. look, i think the rally today also is another thing. you're going to have certainty tomorrow. you may not like who wins. but you're going to know what the outcome is, and you're going to know how to plan for your business. businesses have argued they don't like president obama, but they'll know tomorrow whether he's going...
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Nov 7, 2012
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and washington state. nbc news projects that barack obama will take the state of washington. there are some cheers in democracy plaza. we'll go back to there as the map fills in as the night goes on. >> not really clear who the fan base is for because you're hearing the same kind of, you know, phrase for both obama and romney. >> puts the president at 243 which is less than 30 points needed to get to 270. things are getting important here. in the meantime, your headlines at this hour. nbc news projecting obama ahead in electoral votes after sweeping up california as we mentioned. wisconsin, new hampshire. the first of the battleground state also fall to obama. however, we're still waiting on the other key swing states, iowa and nevada remain too early to call. north carolina, ohio, virginia, florida, colorado, too close to call. the senate, mostly breaking as expe expected, but the democrats did pick up three new seats. republicans projected to hold the house as well. >> all right. let's get straight to john harwood at the maproom to give us more color on what we're seeing as
and washington state. nbc news projects that barack obama will take the state of washington. there are some cheers in democracy plaza. we'll go back to there as the map fills in as the night goes on. >> not really clear who the fan base is for because you're hearing the same kind of, you know, phrase for both obama and romney. >> puts the president at 243 which is less than 30 points needed to get to 270. things are getting important here. in the meantime, your headlines at this...
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. >> we should note your main beat is covering the hill for us in washington. there is going to be angry phone calls come monday with murdoch scott brown and others. >> absolute ly. >> what else could they have done to get todd akin out of the race. he didn't want to get out of the race and now he's out of it on election day. >> that's the one thing we have to go on. we're still waiting on some of the big states. polls set to close in five more states. >> and here is a look at how the popular vote and electoral vote. the electoral vote is 184 versus 172 obama. ♪ [ female announcer ] today is not just about who lives in the white house, it's about who lives in the yellow house, the brick, the green, and the apartment house, too. today we not only honor the oval office, but we honor the cubicle, the open-air office and the home office as well. ♪ today is not just about who rides in air force one, it's about who rides in the 4 door sedan, the 2 door hatchback and the v8 muscle car. ♪ because today it's about all of us. and no matter who you are, or where you
. >> we should note your main beat is covering the hill for us in washington. there is going to be angry phone calls come monday with murdoch scott brown and others. >> absolute ly. >> what else could they have done to get todd akin out of the race. he didn't want to get out of the race and now he's out of it on election day. >> that's the one thing we have to go on. we're still waiting on some of the big states. polls set to close in five more states. >> and here...
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Nov 6, 2012
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so the message out of washington is stop it with the austerity. you are forcing growth into negative areas. you're self defeating. it will be very hard for a com any administration to make that same message here in europe because as you pointed out at home, his plan, particularly the ryan plan, was very much almost german style austerity plan. something that has been advocated by northern europe on to southern europe as part of these bailouts in greece, spain, portug portugal. so hard to maintain that message that you should stop with the austerity, allow a little growth. so in terms of the way the eurozone views it, that change between the voice now coming out of the white house and potentially a new voice coming out of the white house in a romney administration, that's the most significant change after tomorrow. >> peter, if europe was voting, they would vote for obama. that's what the survey suggests overwhelming so. why is that? >> let's remember where we were four years ago. the transatlantic relationship was some would argue post war loans.
so the message out of washington is stop it with the austerity. you are forcing growth into negative areas. you're self defeating. it will be very hard for a com any administration to make that same message here in europe because as you pointed out at home, his plan, particularly the ryan plan, was very much almost german style austerity plan. something that has been advocated by northern europe on to southern europe as part of these bailouts in greece, spain, portug portugal. so hard to...
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chief washington correspondent john harwin knows. >> everything we know suggests it's going to be chose. let me give you context for prediction of a romney victory. take the latest nbc/"wall street journal" poll. obama 48%, romney photography%, can't get any closer than that, well wind the margin of error. then go to the battleground states. we've got three late battle ground state polls. first of all in the state of virginia which as you mentioned, polls close early, 13 electoral votes, 48/47, president obama on top. state of florida, two-point lead for president obama. the state of ohio, most people have seen as the hinge point of this election, president obama's up 51/45. let's look at where the battleground states stand. if you average polls taken on the real clear politics website, of the nine battle ground states romney is only leading in the average of those polls in the two of them, north carolina and florida. the other states, president obama's got a lead. i'm talking about iowa, colorado, new hampshire, ohio, nevada, all states where president obama's doing very well. at least
chief washington correspondent john harwin knows. >> everything we know suggests it's going to be chose. let me give you context for prediction of a romney victory. take the latest nbc/"wall street journal" poll. obama 48%, romney photography%, can't get any closer than that, well wind the margin of error. then go to the battleground states. we've got three late battle ground state polls. first of all in the state of virginia which as you mentioned, polls close early, 13...
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Nov 6, 2012
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it looks unlikely in oregon and possibly in washington. what kind of secondary voter does that bring out? liberal voters or the libertarian voter. >> the conservatives were young with one point. >> that's true. we have had two presidents. so -- >> colorado is the closest and you can go down the slopes. >> in denver there are more places to buy marijuana than starbucks. >> i think it is almost legal in colorado. >> pretty much. there is one state, minnesota, that is going to vote on whether or not there should be more restrictions on medical marijuana, in other words, the doctor could only have three patients. >> is there more marijuana dealers than starbucks? >> not in my day. i heard about it. >> never inhaled. >> never exhaled. >> we have four states voting on whether or not citizens should not have to buy health insurance. >> you are going to be sticking around. >>> still to come on this special edition of "squawk box." we will be talking about the balance of power in washington and what it will mean from key legislation from financial
it looks unlikely in oregon and possibly in washington. what kind of secondary voter does that bring out? liberal voters or the libertarian voter. >> the conservatives were young with one point. >> that's true. we have had two presidents. so -- >> colorado is the closest and you can go down the slopes. >> in denver there are more places to buy marijuana than starbucks. >> i think it is almost legal in colorado. >> pretty much. there is one state, minnesota,...
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Nov 29, 2012
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in fact, if you listen to, it again, i'm not a master of the political art here, i'm in washington but i would say if you had these points of views in a business context, as close as they are, i would say a deal would be in reach. >> you see some fundamental level of optimism from lloyd blankfine but a long way to go with the combination of prief pressure and public pressure, like the president is going to exert before we actually go to the flight of fired. i asked the treasury secretary should the president return to wall street. he it must be someone who understands markets, marry. >> me have 33 days to -- head of all pi he told john harwood. marge i will hates have to go up somewhat. he said that's going to put a drag on the economy but we have to do something about the deficit. i don't really understand reasonings. i think he needs to go back to economic then i would argue the deficit gets worse because the revenues don't come in because the unemployment rate goes up. >> you're absolutely right. france instituted a 75% marginal tax great early last night grease going we've got to m
in fact, if you listen to, it again, i'm not a master of the political art here, i'm in washington but i would say if you had these points of views in a business context, as close as they are, i would say a deal would be in reach. >> you see some fundamental level of optimism from lloyd blankfine but a long way to go with the combination of prief pressure and public pressure, like the president is going to exert before we actually go to the flight of fired. i asked the treasury secretary...
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Nov 5, 2012
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we're joined by politico's chief washington correspondent jonathan allen. good to have you with us. with mr. christie ever formally offered the job to be romney's running mate? >> not according to reporting that my colleagues mike allen did over the weekend. certainly he was somebody who was foremost in mitt romney's mind before he went on that foreign trip. remember he went over to london for the olympics and some other countries. by the time he came back he wanted paul ryan. i think that this is a situation where again just like 2008 there was a presidential candidate who really was interested in moving toward a moderate for the vice presidential pick and ended up going back to the base when they actually made the selection. >> so what changed in mr. romney's mind if this flirtation, that fascination or whatever it was with governor christie cooled. what changed? >> if only i could get into mitt romney's mind to know exactly what was going on there at the time. unfortunately, i don't have that power. it would be a great power particularly for predict being the stock market. but i
we're joined by politico's chief washington correspondent jonathan allen. good to have you with us. with mr. christie ever formally offered the job to be romney's running mate? >> not according to reporting that my colleagues mike allen did over the weekend. certainly he was somebody who was foremost in mitt romney's mind before he went on that foreign trip. remember he went over to london for the olympics and some other countries. by the time he came back he wanted paul ryan. i think...
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Nov 20, 2012
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they are comparing hamas to george washington. they were calling israel terrorists. this does not look like a government that is ready. >> that is the whole bloody problem. you just nailed it. thanks for helping us out. >> good to be with you. >> big business versus big labor. a black friday worker walkout, the nation's largest retailer is fighting back. but can customers expect business as usual at walmart on friday? i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ with the spark cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every d
they are comparing hamas to george washington. they were calling israel terrorists. this does not look like a government that is ready. >> that is the whole bloody problem. you just nailed it. thanks for helping us out. >> good to be with you. >> big business versus big labor. a black friday worker walkout, the nation's largest retailer is fighting back. but can customers expect business as usual at walmart on friday? i don't spend money on gasoline. i am probably going to the...
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Nov 6, 2012
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chief washington correspondent john harwood joins us from new york this morning. it just occurred to me, john, 5-5 in dixville notch, 16-5 last time. did 11 obama supporters just not show up and is that a metaphor for what we're really watching today, how many of the real zealous obama supporters from last time come out? i don't know. what do you think? we probably shouldn't call -- you have not called the election yet on dixville moch? >> i'm not calling it based on dixville notch, but what could be more appropriate in an a 5-5 showing. we have a deadlock national race. all the polls show very close. although yesterday we had an abc "washington post" poll showed obama ticking up to plus three. our poll didn't show over the weekend, obama did not show any particular movement one direction or the other. but we've got to wait and see. and you pouyou pointed to the t question. that's really what it's about. what is the turnout of white voters as compared to african-americans and hispanics. romney dominates whites. obama dominates the minority vote. a related question
chief washington correspondent john harwood joins us from new york this morning. it just occurred to me, john, 5-5 in dixville notch, 16-5 last time. did 11 obama supporters just not show up and is that a metaphor for what we're really watching today, how many of the real zealous obama supporters from last time come out? i don't know. what do you think? we probably shouldn't call -- you have not called the election yet on dixville moch? >> i'm not calling it based on dixville notch, but...
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Nov 28, 2012
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john harwood in washington with more. and john, certainly seems like the pressure is rising to maybe reach some sort of a deal. my question, the ceos headed there today, are they firmly in the president's camp on this? or trying to push both sides to reach some agreement? >> i think they're trying to push both sides and, you know, business executives are generally speaking in the camp of wanting a solution, but as with any constituent, it comes down to what the details of the agreement are as to whether they want a tax increase, if it affects somebody else's tax loophole as opposed to their own. and that's the balancing act that politicians have. what we have going on here, becky, is a three-way conversation. politicians talking to the public, part of these events are for the american people to see that these leaders are working on this. the president's hitting the road to pennsylvania later in the week, republicans are doing events with small business people, as well. you have a conversation between politicians and busin
john harwood in washington with more. and john, certainly seems like the pressure is rising to maybe reach some sort of a deal. my question, the ceos headed there today, are they firmly in the president's camp on this? or trying to push both sides to reach some agreement? >> i think they're trying to push both sides and, you know, business executives are generally speaking in the camp of wanting a solution, but as with any constituent, it comes down to what the details of the agreement...
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Nov 14, 2012
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they were unique in washington and we can't carry the ball. >> in a nutshell, how does the economy look to you? our job growth is running above 3%. we have other sections of the country not running so well. it is just a number and the second half of this year? but that is not enough to create the jobs that will put the american people back to work. that will not happen until the politicians get their act together. >> i must say, sir, i couldn't agree more. i think you are debt right. >> thank you. >> the idea solving the fiscal cliff crisis with tax deductions may raise revenue from the wealthy. the full story on that coming up next. well, if it isn't mr. margin. mr. margin? don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i
they were unique in washington and we can't carry the ball. >> in a nutshell, how does the economy look to you? our job growth is running above 3%. we have other sections of the country not running so well. it is just a number and the second half of this year? but that is not enough to create the jobs that will put the american people back to work. that will not happen until the politicians get their act together. >> i must say, sir, i couldn't agree more. i think you are debt...
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let's talk about it with the washington bureau chief for "the wall street journal." if obama wins re-election, could that mean we're more likely to go over the fiscal cliff? he has less of a political incentive to find a solution. >> i think that's probably right. if mitt romney wins, there's going to be an easier path to kick the can down the road six months. new president is coming in. everybody wants to give him a chance to get settled, give him time. let's all agree we're going to delay this. if barack obama wins, that's not the scenario. if he wins, we have to go straight to the hard questions you were just referring to. yes, there are more people in the democratic party, but frankly more in the republican party who say, if we can't come to a deal, let's let those automatic tax increases kick in. >> scott, obviously, obama's been out there talking about going over the fiscal cliff. that's a real game of chicken. do you think he would do that to the economy? >> we're already seeing, as jerry mentioned, a lot of members of the democratic party, both in the house a
let's talk about it with the washington bureau chief for "the wall street journal." if obama wins re-election, could that mean we're more likely to go over the fiscal cliff? he has less of a political incentive to find a solution. >> i think that's probably right. if mitt romney wins, there's going to be an easier path to kick the can down the road six months. new president is coming in. everybody wants to give him a chance to get settled, give him time. let's all agree we're...
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Nov 16, 2012
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and he said the same to his republican representatives in washington. he said that he'll back each of us, regardless of party, as long as we work together to make life better for all of us. and he made it clear that if we don't make enough progress, he'll be back in touch. >> so here now from nashville is steve wise. he's the author of that letter and he's the president and ceo of identified, inc. steve, welcome. congratulations. i want to ask you briefly. in the first term, president obama on the stimulus package and on obama care, there was no compromise. there was no reaching across the aisle. do you believe, sir, that in the second term president obama will change and will find common ground with republicans? >> well, larry, i'm an optimist. i believe that you need to give people a chance, you need to tell them you support them and then you need to hold them accountable. that's why i felt that i needed to send that message off to the president and to my representatives, really telling them that time is now. we can't wait any longer. we've got to do
and he said the same to his republican representatives in washington. he said that he'll back each of us, regardless of party, as long as we work together to make life better for all of us. and he made it clear that if we don't make enough progress, he'll be back in touch. >> so here now from nashville is steve wise. he's the author of that letter and he's the president and ceo of identified, inc. steve, welcome. congratulations. i want to ask you briefly. in the first term, president...
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Nov 8, 2012
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in washington and colorado, they're both essentially the same. in colorado you got to be older than 21. you can possess an ounce of marijuana. that includes out of state residents. you can't take it with you though. local governments can still ban commercial sales in businesses can still say employees cannot smoke. they can still make those rules at the microlevel. the major difference between the two states is in colorado people can also grow limited amounts on their own. you doont thcan't do that in wa. you're not supposed to smoke it in public. we'll see about enforcement on that. can you imagine getting busted for smoking pot in public when it is legal to smoke pot? enforcement is the biggest wrinkle -- marijuana use remains against federal law. we have no idea how the feds are going to react to this. i have to share this with you because it is hysterical. this is a statement that came from the governor of colorado. "this will be a complicated process but we intend to follow through. that said, federal law still says marijuana is an illegal d
in washington and colorado, they're both essentially the same. in colorado you got to be older than 21. you can possess an ounce of marijuana. that includes out of state residents. you can't take it with you though. local governments can still ban commercial sales in businesses can still say employees cannot smoke. they can still make those rules at the microlevel. the major difference between the two states is in colorado people can also grow limited amounts on their own. you doont thcan't do...
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Nov 9, 2012
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so is it now okay to weep in washington? we'll talk about that. >>> and tonight on "mad money," a salute to america's veterans. aig's robert benmosche will be on "mad money" tonight at 6:00 p.m. and 11:00 p.m. eastern time. back with more "power lunch" in a moment. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your sch
so is it now okay to weep in washington? we'll talk about that. >>> and tonight on "mad money," a salute to america's veterans. aig's robert benmosche will be on "mad money" tonight at 6:00 p.m. and 11:00 p.m. eastern time. back with more "power lunch" in a moment. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550...
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Nov 27, 2012
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many thanks to john harwood coming from washington, d.c. now, with everyone in washington talking tax hikes, whatever happened to spending cuts? that's really my question. spending cuts and limited government and private sector free enterprise and growth. here now is cnbc contributor and democratic vat gist keith boykin, a former clinton white house aide and best selling author and talk show host larry elder, out with a new took, "dear father, dear son." larry already the show talking about the book. there may be a deal on taxes, i have no idea, but i don't hear any reductions in spending. wasn't $1.2 trillion sequester, larry. that seems to be gone, the across-the-board cuts. i want to ask you do you think it's possible that this whole exercise could wind up enlarging government, increasing the entitlement state and not doing what many of us want it to do? >> let me think about that. i've thought about that. unfortunately, larry, you are right. one of the republican favorite exercise according to my friend tom sowell is running for the him
many thanks to john harwood coming from washington, d.c. now, with everyone in washington talking tax hikes, whatever happened to spending cuts? that's really my question. spending cuts and limited government and private sector free enterprise and growth. here now is cnbc contributor and democratic vat gist keith boykin, a former clinton white house aide and best selling author and talk show host larry elder, out with a new took, "dear father, dear son." larry already the show talking...
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Nov 7, 2012
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eamon javers is there in washington -- i think you're in washington. do you go back already? >> i did. i'm here in washington already. >> what did you make? >> the news here is speaker of the house john boehner is putting new revenues on the table. he's saying here that what he doesn't want to see is simply letting the bush tax cuts for those over $250,000 expire. that's the president's plan. what boehner here is signaling is he's willing to engage in a much more complicated deal-making process, the kind of which he engaged with the president back in the summer of 2011. they weren't able to get the deal done then, but boehner seemed to be saying just here that he's willing to go back and renegotiation there and very conciliatory there at the end with the language to the president, mr. president, we are willing to be led. that's not the kind of rhetoric you heard from house republicans last summer, last year, before this election. so maybe there is a moment here post-election where things can change. i do want to add that harry reid, the senate democratic leader, was up on cap
eamon javers is there in washington -- i think you're in washington. do you go back already? >> i did. i'm here in washington already. >> what did you make? >> the news here is speaker of the house john boehner is putting new revenues on the table. he's saying here that what he doesn't want to see is simply letting the bush tax cuts for those over $250,000 expire. that's the president's plan. what boehner here is signaling is he's willing to engage in a much more complicated...
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Nov 5, 2012
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there's a correlation between the outcome of the last washington, d.c. redskins football game prior to the presidential election and the drought come outcome of the election. miss torically when the redskins win, the incumbent wins. doesn't mean for sure, andrew. in 18 presidential contests, only once has this rule not held. that was in 2004 when president bush defeated john kerry despite a redskins loss. if history holds true, yesterday's redskins loss mean as victory for mitt romney and i pointed out the labor day indicator, we'll sea what happehappesee what happens with the markets today. joining us from new york is john harwood, who is probably saturday about that washington game for up a kell of reasons. but -- >> only one. >> those are the numbers. what else is -- speaking of football analogies, strained and tortured at this point, where with are we thousand wi are we now with the election? >> still one score, field goal, with about 40 seconds on the clock for mitt romney. we had a spade of polls over the weekend by nbc and the wall street journal,
there's a correlation between the outcome of the last washington, d.c. redskins football game prior to the presidential election and the drought come outcome of the election. miss torically when the redskins win, the incumbent wins. doesn't mean for sure, andrew. in 18 presidential contests, only once has this rule not held. that was in 2004 when president bush defeated john kerry despite a redskins loss. if history holds true, yesterday's redskins loss mean as victory for mitt romney and i...
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Nov 27, 2012
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you got to stay close to washington. that's the kind of company that does terribly if the economy slows down. let's go to sue in california. sue? >> caller: american power, amt. >> i wish it would pull back so i can -- >> buy, buy, buy, buy, buy. >> it must be bought. one of the best stories out there. nick in ohio? nick? >> caller: jim, i'd like to give you a buckeye boo-yah. >> hey, congratulations on being undefeated. >> caller: no doubt. no doubt. i would like your analyst opinion on sprint. >> okay. remember, sprint's doing a complex deal with softbank. you're going to be able to get cash back whenever. suffice to say i like the stock. if you see it go down, that's because of the combination of the arbitrage, not because it's doing badly. i need to go to charlie in minnesota. charlie? >> caller: boo-yah, mr. cramer, from the frigid north on the edge of the prairie. how are you doing? >> real good. i'm kind of in the not so frigid northeast on the edge of nothing. what's up? >> caller: just curious what your thought
you got to stay close to washington. that's the kind of company that does terribly if the economy slows down. let's go to sue in california. sue? >> caller: american power, amt. >> i wish it would pull back so i can -- >> buy, buy, buy, buy, buy. >> it must be bought. one of the best stories out there. nick in ohio? nick? >> caller: jim, i'd like to give you a buckeye boo-yah. >> hey, congratulations on being undefeated. >> caller: no doubt. no doubt. i...
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Nov 6, 2012
11/12
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>> reporter: tyler, what happens in vegas goes to washington. up next, we are going to look at the big money and small in an election that's all about jobs in a state hit harder than just about anywhere else. live from the las vegas strip, after the break. this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> welcome back to power lunch. today, one of the best performing sec stores the defense sector, the defense sector index reaching a 52-week high. some of the best performers include lockheed martin and united technology, lockheed and northrup part of the cnbc romney portfolio, today, the big charge there coming from coal. >> indeed it is. thank you very much.
>> reporter: tyler, what happens in vegas goes to washington. up next, we are going to look at the big money and small in an election that's all about jobs in a state hit harder than just about anywhere else. live from the las vegas strip, after the break. this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and...
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Nov 5, 2012
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anyway, what's washington's role from here? for the most part, when i look at individual companies, i see stocks doing better where management excelled, and stocks doing worst where management failed to execute. that's right. from my little vantage point, stock performance had almost nothing to do with who occupies the white house. sorry, i know it's a buzz kill, but i got to go with the empirical data. first, many stocks are simply unchanged during this five-year period. of course after a big dip. but let's talk about what really moves stocks. and it sure isn't 1600 pennsylvania avenue. allow me to illustrate. let's consider two stocks in the same sector, hewlitt packard and ibm. both companies decided to de-emphasize hardware and move more aggressively toward big data management, software, and consulting. five years ago, ibm was at $111. now it's at $194, 75% gain. five years ago, it was at $49. now it's at $14. the political determinist out there would say that business will do better under romney. i'd say that business did
anyway, what's washington's role from here? for the most part, when i look at individual companies, i see stocks doing better where management excelled, and stocks doing worst where management failed to execute. that's right. from my little vantage point, stock performance had almost nothing to do with who occupies the white house. sorry, i know it's a buzz kill, but i got to go with the empirical data. first, many stocks are simply unchanged during this five-year period. of course after a big...
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Nov 15, 2012
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question that the stock market would actually do that and really concentrate the mind of these dopes in washington. >> wasn't it bob ruben who said during the clinton years -- or james carville -- the same thing. look what happened, clinton cut the rate and you had a huge rally in stocks and bonds. the stork market may do the same thing here. >> if you want to root for a bullish stock market, maybe in the short term, let's get a deal going and then do tax reform and entitlement reform. meantime, i think stocks are warping these guys you're going to put us on the precipice of a recession, and that's bad for earnings and stocks. >> the fed has done the same thing. they've come out in recent weeks and said instead of just buying $45 billion of bonds every month, we may have to double that and extend it out further. >> richard fisher of the dallas fed told me last night they don't do that. actually, that's not fair. he said in his opinion they shouldn't do that. we don't know, you might right. mike of "forbes," thank you very much. >>> this is truly the video of the day. the israelis get their man. th
question that the stock market would actually do that and really concentrate the mind of these dopes in washington. >> wasn't it bob ruben who said during the clinton years -- or james carville -- the same thing. look what happened, clinton cut the rate and you had a huge rally in stocks and bonds. the stork market may do the same thing here. >> if you want to root for a bullish stock market, maybe in the short term, let's get a deal going and then do tax reform and entitlement...
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Nov 21, 2012
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anyway, back to washingtoning. the senate is going to vote on a bill that could let the feds read your e-mails without even a warrant. the bill's own sponsor probably never read his own bill in the first place and now, this goofy guy has withdrawn his support. free market capitalism is the best path to prosperity. but let's lower those rates too. how about a ko dudlowian flat t? i'll be right back. lives in the, it's about who lives in the yellow house, the green, and the apartment house, too. today we not only honor the oval office, but we honor the cubicle, and the home office as well. because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ >>> incredible intrusion into your personal freedom. vermont senator the leading democrat sponsoring this bill denies supporting his own bill. what happened? did he miss the part about rights? we have ckathrine mangaward thi is really something. don't need a search warrant to go into your e-mails. in fact you don't eve
anyway, back to washingtoning. the senate is going to vote on a bill that could let the feds read your e-mails without even a warrant. the bill's own sponsor probably never read his own bill in the first place and now, this goofy guy has withdrawn his support. free market capitalism is the best path to prosperity. but let's lower those rates too. how about a ko dudlowian flat t? i'll be right back. lives in the, it's about who lives in the yellow house, the green, and the apartment house, too....
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Nov 13, 2012
11/12
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if washington avoids the fiscal cliff, if, it sure looks like this could be a big-time buy opportunity. think about it. we are about to ask the money manager if he is thinking the same thing. later, president obama's going to make a public campaign to build support for his fiscal plan but what are those plans exactly? what is this public campaign? what's going on inside of his head. and don't forget, folks, i know sometimes it is discouraging. free market capital its silver medal the best path to prosperity ask i believe that it will prevail. just ask those oil drillers in north dakota. they have it right. "the kudlow report" is coming right back. >> going off the skifiscal christmas eve would be a disaster. >> time to rise above partisan politics. the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need i
if washington avoids the fiscal cliff, if, it sure looks like this could be a big-time buy opportunity. think about it. we are about to ask the money manager if he is thinking the same thing. later, president obama's going to make a public campaign to build support for his fiscal plan but what are those plans exactly? what is this public campaign? what's going on inside of his head. and don't forget, folks, i know sometimes it is discouraging. free market capital its silver medal the best path...
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Nov 1, 2012
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minutes ago we learned amtrak is resuming service from newark to washington and area airports are almost back to normal. and between news for the 26 mile new york city marathon will proceed as planned this sunday. >> so welcome back, everybody. the pictures and stories left from the storm's after math are still jaw-dropjaw-dropping. let's begin with scott cohn in lower manhattan. >> larry, hurricane sandy sent about 4 feet of water in the financial district and they think it actually may be a total loss, about $300,000 worth of damage. and they don't know if insurance is going to cover it. you multiply that by thousands of businesses and you begin to get a sense of what the problem is. and then there's the issue of getting around and getting gas. mary thooyor thompson has that . >> people with been waiting in line two to three hours. there's a shortage of power to open other gasoline stations. a lack of electricity plaguing the tri-state area. >> dangerous conditions at the gas terminal which is crucial. workers here trying hard to clean things up, but tough to do so without power. over
minutes ago we learned amtrak is resuming service from newark to washington and area airports are almost back to normal. and between news for the 26 mile new york city marathon will proceed as planned this sunday. >> so welcome back, everybody. the pictures and stories left from the storm's after math are still jaw-dropjaw-dropping. let's begin with scott cohn in lower manhattan. >> larry, hurricane sandy sent about 4 feet of water in the financial district and they think it...
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Nov 7, 2012
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this ticking clock can be heard from washington to wall street. we turn our attention to this immediately today. you have corporate leaders from jamie dimon, warren buffett to jeff immelt. among our partners in the crusade, we have a trio of duelling guest hosts. we are joined by jared bernstein. also tony fratto. at 7:00 eastern, roger altman, and david walker. in the final hour, we have two former chiefs of staff. john pedesta and ken uberstein. >> let's begin with the presidential race. phil lebeau has been working overtime. he spent the night at obama headquarters in chicago. hampton pearson is with the romney team in boston. but phil, we will start with you. >> andrew, good morning. it's only been a couple of hours since president obama gave his victory speech here at mccormick place. and that speech a lot of people were looking at and said did it set at least initially the tone for his second term in office. during the speech, he talked about the country coming together and ending the divisiveness that has been typified by the campaign over
this ticking clock can be heard from washington to wall street. we turn our attention to this immediately today. you have corporate leaders from jamie dimon, warren buffett to jeff immelt. among our partners in the crusade, we have a trio of duelling guest hosts. we are joined by jared bernstein. also tony fratto. at 7:00 eastern, roger altman, and david walker. in the final hour, we have two former chiefs of staff. john pedesta and ken uberstein. >> let's begin with the presidential...
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Nov 14, 2012
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. >> we have 47 days for washington to work out a deal. this is a special edition of "power lunch" -- "rise above." as we await president obama's news conference 30 minutes away. >>> that is a live picture of the white house, everyone. the president's news conference begins in 30 minutes from now. we will count you down every step of the way. fiscal cliff will obviously be one of the top topics this hour. brian sullivan, eamon javers, john harwood is working his way into the white house right now for that news conference. they are all gathered with me. brian, we're going to begin with you. >> this is a big day at the white house. this is a big week at the white house regarding the fiscal cliff, guys. and today, 12 top ceo are coming here to the white house to meet with the president, anything from walmart to duke energy to ursula burns of xerox and nine others. they will gather up, they will huddle up and exchange ideas to try to find a fix for the fiscal cliff. the question is, how much is the president willing to give on spending cuts, h
. >> we have 47 days for washington to work out a deal. this is a special edition of "power lunch" -- "rise above." as we await president obama's news conference 30 minutes away. >>> that is a live picture of the white house, everyone. the president's news conference begins in 30 minutes from now. we will count you down every step of the way. fiscal cliff will obviously be one of the top topics this hour. brian sullivan, eamon javers, john harwood is working...
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Nov 7, 2012
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you may be shocked to hear this, but there's not a big constituency in washington, d.c., for smaller government. >> great point. >> so you got the other two-thirds of the 60% of the race, romney is going to do very well down there. but i believe the key to the state is whether romney cuts obama's margin below a certain level in the northern virginia suburbs and i think he has a good chance to do that. >> is there a state, governor, you will be watching most closely on behalf of the romney campaign that you feel he must win? >> well, there's not a state that he must win, but if he does the things that make sense, wins indiana, north carolina, florida and virginia, then the next state has to be ohio or he has to replace ohio. he can do that with pennsylvania, he can do it with wisconsin, plus colorado, he can do it with wisconsin plus new hampshire. so ohio has been -- has been called the big deal for months and months because it is the big deal. >> do i sense that you feel pretty confident about florida? >> i do. i do feel good about florida. >> what makes you feel good about florida?
you may be shocked to hear this, but there's not a big constituency in washington, d.c., for smaller government. >> great point. >> so you got the other two-thirds of the 60% of the race, romney is going to do very well down there. but i believe the key to the state is whether romney cuts obama's margin below a certain level in the northern virginia suburbs and i think he has a good chance to do that. >> is there a state, governor, you will be watching most closely on behalf...
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Nov 5, 2012
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>> i think compromise is always possible in washington. you know, it's standard in any kind of negotiation, including negotiations in business between management and unions for things to go down to the 11th hour, that doesn't mean things are falling apart. it's the nature of the game, way it's played. our government has managed to get through many, many crises and despite the rhetoric and despite the hostility, we do tend to get things done eventually. it would be a lot nicer if people were more civil to one another, but the reality is the government is actually pretty effective in the long run at getting things done. i'm always an optimist on this and i think we can do it. >> we know you two disagree on a wide range of policies from taxes to the role of government. where do you find common ground? what do you agree on? austan? >> eddy and i have been friends for a long time. it's funny, we were together a few days ago and thinking about that exact subject. i thnk we have pretty broad agreement on tax reform, if you're going to do tax refo
>> i think compromise is always possible in washington. you know, it's standard in any kind of negotiation, including negotiations in business between management and unions for things to go down to the 11th hour, that doesn't mean things are falling apart. it's the nature of the game, way it's played. our government has managed to get through many, many crises and despite the rhetoric and despite the hostility, we do tend to get things done eventually. it would be a lot nicer if people...
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Nov 28, 2012
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lynn lion from "newport news" she just wants to see cooperation in washington. she said, let's show the rest of the world that we are adults and living in a democracy, we can solve our problems by working together. that's what they debate is all about. that's why it's so important that as many americans as possible send a message that we need to keep moving forward. so today i'm asking congress to listen to the people who sent us here to serve. i'm asking americans all across the country to make your voice heard. tell members of congress what a $2,000 tax hike would mean to you. call your members of congress, write them an e-mail, post it on their facebook walls, you can tweet it using the hashtag my2k. now y2k, but my2k. we figured that would make it easier to remember. i'm doing my part. i'm sitting down with ceos, labor leaders, talking to leaders in congress. i am ready and able and willing and excited to go ahead and get this issue resolved in a bipartisan fashion so that american families, american businesses have some certainty going into next year. we ca
lynn lion from "newport news" she just wants to see cooperation in washington. she said, let's show the rest of the world that we are adults and living in a democracy, we can solve our problems by working together. that's what they debate is all about. that's why it's so important that as many americans as possible send a message that we need to keep moving forward. so today i'm asking congress to listen to the people who sent us here to serve. i'm asking americans all across the...
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Nov 2, 2012
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and look for earnings from mcgraw hill, thomson reuters, "washington post," good lord, madison square garden, the maker of bubble wrap. there's one one to watch. >> who doesn't like bubble wrap. still to come on the program, we'll take a look at what tuesday's election means for america's chances for falling off the fiscal cliff. >>> greece's coalition government on shaky ground. quit because of a scandal over a published list of suspected tax evaders. it they're putting on a unified front before a key vote on austerity measures. >> royal bank of scott land has had a loss of just over 1.4 billion pounds mainly due to a clarm on his own debt. the lender has increased its compensation provision by 400 million pounds and will soon enter negotiations to settle libor investigations. it's also likely to be hit. they reiterated the banking industry must make major changes to it culture. >> i guess in general banks didn't live up to the standards of integrity and have the right cultures. so we're paying some of the sins for that. >> some of the world's biggest banks, more capital to deal with
and look for earnings from mcgraw hill, thomson reuters, "washington post," good lord, madison square garden, the maker of bubble wrap. there's one one to watch. >> who doesn't like bubble wrap. still to come on the program, we'll take a look at what tuesday's election means for america's chances for falling off the fiscal cliff. >>> greece's coalition government on shaky ground. quit because of a scandal over a published list of suspected tax evaders. it they're...
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Nov 7, 2012
11/12
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now the major event for business in washington is avoiding that fiscal cliff. we are going to try very hard to get a republican and a democrat on the same page in a bid to solve the problem before thousands of americans start losing their jobs. that is next. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-80
now the major event for business in washington is avoiding that fiscal cliff. we are going to try very hard to get a republican and a democrat on the same page in a bid to solve the problem before thousands of americans start losing their jobs. that is next. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#:...
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Nov 19, 2012
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ceos from more than a dozen of america's largest companies met with the president and warned that washington must reach a deal to avoid the fiscal cliff. the president also sat down with congressional leaders and officially began negotiations. if congress doesn't act, taxes on income, capital gains, dividends and estates will all go up. and automatic spending cuts will kick in, beginning on january 1st. this week, i spoke with alan simpson and erskine bowles, authors of a deficit reduction plan about what needs to be done. >> you can't tax your way out of this. you can't cut spending your way out of this. you can't grow your way out of this. so grab hold, it's going to be a rocky, rocky road. >> so you're saying closing the loopholes alone brings it to a trillion. >> if you're willing to wipe out all of them, and that may not be political feasible, but you can definitely solve the problem by broadening the base, simplifying the code and getting rid of the tax expenditures. >> it upsets me you're worried we're not going to get a deal because that's how i felt. >> i think there is a one-third
ceos from more than a dozen of america's largest companies met with the president and warned that washington must reach a deal to avoid the fiscal cliff. the president also sat down with congressional leaders and officially began negotiations. if congress doesn't act, taxes on income, capital gains, dividends and estates will all go up. and automatic spending cuts will kick in, beginning on january 1st. this week, i spoke with alan simpson and erskine bowles, authors of a deficit reduction plan...
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Nov 6, 2012
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congress and washington responds to pain. that might be why we're about to go over the fiscal cliff. incentives. this might be a lot like the t.a.r.p. vote. they need to see a market reaction. they need to see the business community reaction. >> i know what you're saying, maria, but ei think the reality is that right now i'm trying to game out if obama wins. what is the republican incentive to compromise? same is true with the democrats. either the rules of the game change, and there's a lot of talk about what would change that, in other words redistricting the whole united states so these guys don't have such safe seats and they're not able to be so one sided. >> you know what i don't understand? this is all on these guys' watches. last year we talked about the deadline for the fiscal cliff. they knew what was coming. you would think six months ago they said to themselves, okay, in six months we have to make a decision. let's have a plan "b." tlt there's no back-up plan. >> wait until after the election and see what's. that'
congress and washington responds to pain. that might be why we're about to go over the fiscal cliff. incentives. this might be a lot like the t.a.r.p. vote. they need to see a market reaction. they need to see the business community reaction. >> i know what you're saying, maria, but ei think the reality is that right now i'm trying to game out if obama wins. what is the republican incentive to compromise? same is true with the democrats. either the rules of the game change, and there's a...
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Nov 7, 2012
11/12
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this is a status quo election, and as is the case with a lot of things in washington, stat cuss quo is what we're going to get. in other words, it is much more useful to talk about things that will not happen than the things that will happen, because what we've had is gridlock. for example, there will not be carbon trading passed in congress any time soon. that will of course be a relief to the coal industry, to refiners, other high-carbon intensity companies. on the other hand, there will not be, for example, drilling off the coast of florida or the coast of virginia any time soon. not soo much becau much because election, but simply after the mccondo oil spill, that's not in the cards. >> let's boil this down in terms of which stocks will win and which stocks will lose in the energy patch. pavel? >> so, in the context of gridlock, as i mentioned, there are things that we can look to for historical precedent. i mean clearly the obama administration has not been a big fan of the coal industry and the epa has put in, for example, max regulations on coal, power plant emissions have been
this is a status quo election, and as is the case with a lot of things in washington, stat cuss quo is what we're going to get. in other words, it is much more useful to talk about things that will not happen than the things that will happen, because what we've had is gridlock. for example, there will not be carbon trading passed in congress any time soon. that will of course be a relief to the coal industry, to refiners, other high-carbon intensity companies. on the other hand, there will not...
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Nov 5, 2012
11/12
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right outside of washington, d.c. it is an ex-urban county a little bit away from washington. this county president bush carried with 53% of the vote in 2004. president obama came in, did better than that in 2008 as he took virginia. let's go down to hillsboro county in florida. this is tampa. it is where republicans held their convention. that's not an accident there. it is the beginning of the i-4 corridor across the middle of the state. hill b hillsboro county is the state president bush carried with the majority in 2004. president obama came back and carried hillsboro county in 2008. both candidates are focused on that county as well. then finally in the state of ohio, probably the hinge state in this election with 18 electoral votes. look in the center of the state. franklin county which is where columbus is. now it tends to be a democratic county. john kerry carried it with 54% in 2004. it has ohio state, has the state capital there. but that wasn't enough for him to carry the state. barack obama carried it with 60% of the vote. that is the formula for democratic success
right outside of washington, d.c. it is an ex-urban county a little bit away from washington. this county president bush carried with 53% of the vote in 2004. president obama came in, did better than that in 2008 as he took virginia. let's go down to hillsboro county in florida. this is tampa. it is where republicans held their convention. that's not an accident there. it is the beginning of the i-4 corridor across the middle of the state. hill b hillsboro county is the state president bush...
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Nov 5, 2012
11/12
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a new "washington post"/abc poll came without a three-point obama lead. if that's the case and the swing states fall in the same direction mostly, mitt romney needs most of the swing states to win, we could have a decision before we get too deep into the wee hours of wednesday morning. >> let's hope for that. john, thank you so much that. and let's trade this thing historically. a democratic president has been better for stocks with 74% versus a 47% average return under republicans. but let's dig deeper here. which sectors and stocks would benefit under each candidate? cnbc has created proprietary indices of stocks that could actually gain under an obama or a romney presidency. president obama's basket consists of home builders, health care facilities and auto stocks while romney ace portfolio has coal, oil, and gas and defense and managed care names. what is the trade here, if there is one, guy? >> a lot of the obvious ones we talked about on this show and on our network today. i'll go one sector we have talked about a few months ago that has done pretty
a new "washington post"/abc poll came without a three-point obama lead. if that's the case and the swing states fall in the same direction mostly, mitt romney needs most of the swing states to win, we could have a decision before we get too deep into the wee hours of wednesday morning. >> let's hope for that. john, thank you so much that. and let's trade this thing historically. a democratic president has been better for stocks with 74% versus a 47% average return under...
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Nov 14, 2012
11/12
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and from a ceo on the message that he would send to washington. and from a five-star fund manager on how you should play it all. brian sullivan's my partner, joining me from the white house at the top of the hour. until then, let's go back to scott and the guys and "half half". >> thanks so much. we look forward to that at the top of the hour. >>> chief international correspondent michelle caruso-cabrera with brand new video in from the gaza strip. we've seen the reaction in the oil market related to this today. >> we saw a spike in oil on what happened. take a look at your screen right now and take a look at this incredible piece of video that's just come in from israeli defense forces. watch that car. inside that car is a military leader of hamas. ahmad al jabari, killed by israeli defense forces in what is a brand new operation by the idf being launched against the gaza strip at this point. he is believed -- they wanted to get him for a long time. he's believed to be the mastermind behind kidnapping of israeli shoulder back in 2005 held hostage
and from a ceo on the message that he would send to washington. and from a five-star fund manager on how you should play it all. brian sullivan's my partner, joining me from the white house at the top of the hour. until then, let's go back to scott and the guys and "half half". >> thanks so much. we look forward to that at the top of the hour. >>> chief international correspondent michelle caruso-cabrera with brand new video in from the gaza strip. we've seen the...
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Nov 6, 2012
11/12
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is reflecting what a majority of the country feels about the inaction and some say incompetence in washington on that matter. anthony talked about the longer term deal that if governor romney is lekted might be able to enact. the big challenge and those that follow the markets and if we talk about the markets as an individual, the one caution i would have is that mitt romney is tied to the ryan plan. paul ryan's plan has, i believe, some redeeming characteristics. the most distressing and the most difficult part of what paul's plan seeks to do, and i call him paul, but congressman ryan. the major changes he makes to medicare which enjoys very little support even amongst republicans in the house and senate. second, governor romney indicated the first thing he'll do if elected is to repeal obama care, the affordable care act. i can't imagine if that is his first act if he's elected that it would allow him to gain chem.ic support for anything he chose to do. as we know it will take democrats in the senate as well as the house and particularly the senate to get a long-term deal done. >> anthony?
is reflecting what a majority of the country feels about the inaction and some say incompetence in washington on that matter. anthony talked about the longer term deal that if governor romney is lekted might be able to enact. the big challenge and those that follow the markets and if we talk about the markets as an individual, the one caution i would have is that mitt romney is tied to the ryan plan. paul ryan's plan has, i believe, some redeeming characteristics. the most distressing and the...
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Nov 9, 2012
11/12
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we want to pursue more of this developing story out of washington. the sudden resignation of general david petraeus as the director of the cia. that resignation being accepted by the president a wile ago. general petraeus admitting to an extramarital affair as a result of all of this. we're joined by our nbc news colleague andrea mitchell with more on this. what can you tell us at this point? >> it was as shocking to me as to everyone else in washington. i was hearing the reports overnight. then we did manage to confirm this and get the announcement that the cia director sent to the work force today. he says that he went to the white house and asked the president to be allowed for personal reasons to resign, that after 37 years of marriage, he showed, in his words, extremely poor judgment by engaging in an extramarital affair. he writes, such behavior is unacceptable as a husband and as the leader of an organization such as ours. this afternoon the president graciously accepted my resignation. he says as i depart, i want you to know it's been the gre
we want to pursue more of this developing story out of washington. the sudden resignation of general david petraeus as the director of the cia. that resignation being accepted by the president a wile ago. general petraeus admitting to an extramarital affair as a result of all of this. we're joined by our nbc news colleague andrea mitchell with more on this. what can you tell us at this point? >> it was as shocking to me as to everyone else in washington. i was hearing the reports...
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Nov 12, 2012
11/12
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a quieter start to the week on wall street as markets debate how washington will avoid that fiscal cliff and going over it. will the markets wait for a deal or are investors already taking action into their own hands? let's get to our panel, david dahl, mark travis, and robert zagunis will join us in a moment. good to have you on the program. david, let me begin with you. how are you invested right now amidst all of these issues pertaining to the fiscal cliff, higher tax rates in 2013, et cetera? >> always good to be back with you. we've been defensive. we've looked for opportunities to take gains over the course of the year. thankfully we've been very u.s.-centric in our investments over the course of 2011-2012. what we're preparing for now is looking again at the foreign markets in 2013. >> foreign markets meaning you want to be allocating money outside of the u.s. because of these issues in the u.s.? >> well, taking a look at some of the large global players here in the u.s. and outside, because as tax rates go up here in the united states, what we're about to see is probably the laug
a quieter start to the week on wall street as markets debate how washington will avoid that fiscal cliff and going over it. will the markets wait for a deal or are investors already taking action into their own hands? let's get to our panel, david dahl, mark travis, and robert zagunis will join us in a moment. good to have you on the program. david, let me begin with you. how are you invested right now amidst all of these issues pertaining to the fiscal cliff, higher tax rates in 2013, et...
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Nov 28, 2012
11/12
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all based on the rhetoric out of washington. >> unfortunately. green mountain coffee shares are rallying after posting blowout numbers. herb greenberg isn't buying into the hype. why he's still bearish on the stock, next. >>> the powerball jackpot now at $550 million. no matter who wins, states are going to rake in a lot of money from ticket sales. somebody here says new york and new jersey should use those funds to rebuild their states from the devastation of superstorm sandy. looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today and discover another reason serious investors are choosing fidel can i help you? i heard you guys can ship ground for less th
all based on the rhetoric out of washington. >> unfortunately. green mountain coffee shares are rallying after posting blowout numbers. herb greenberg isn't buying into the hype. why he's still bearish on the stock, next. >>> the powerball jackpot now at $550 million. no matter who wins, states are going to rake in a lot of money from ticket sales. somebody here says new york and new jersey should use those funds to rebuild their states from the devastation of superstorm sandy....